What The Conti Group does

The Conti Group is a privately held, fourth-generation family-owned holding company headquartered in New Hope, Pennsylvania, founded in 1906 and formally established as a holding company in 2017. It operates a portfolio of operating subsidiaries across U.S. infrastructure construction (Conti Civil), federal government construction and engineering (Conti Federal), real estate development and investment (Conti Development), construction-technology software for equipment fleet operations (Tenna), and building-integrated photovoltaic materials science (Enkara). Past holdings, including Conti Communications (sold to Quanta Services in 1999), Langard Machinery (sold to Caterpillar in 1995), ORBCOMM, HillTop Bank, Edge Therapeutics (2011 seed), and CS Energy (formerly Conti Solar, divested to Ares EIF in 2018 with the remaining stake sold to American Securities in 2021), illustrate a long-standing pattern of building, scaling, and exiting operating businesses.

The Conti Group's revenue model is overwhelmingly a mix of project-based professional services (heavy civil, federal contracting, real estate development) delivered through enterprise field-sales motions, plus a recurring subscription component from the Tenna construction-technology platform distributed to mid-market contractors via web and mobile self-serve channels. Conti Federal's customers include the U.S. Army Corps of Engineers, NJDOT, the DOE FUSRAP program, the U.S. military, the Israeli Air Force (F-35 program), and the Gateway Development Commission (Hudson Tunnel Project). Conti Civil pursues public-sector transportation and hazardous-waste remediation work; Conti Development combines construction and engineering with capital-markets expertise for U.S. commercial and residential projects. The Tenna platform is differentiated by mixed-fleet interoperability and native integration with Procore, while Enkara combines cadmium telluride photovoltaics with transparent conductors for window-integrated solar generation.

Holdings are run with strategic-support services from the parent, with fourth-generation Chairman and CEO Kurt Conti leading the enterprise and CFO Marc J. Hesse overseeing capital deployment, credit, and tax planning. The group has been recognized multiple times by NJBIZ Best Places to Work, Fortune Best Workplaces in Construction, ENR Top 400 Contractors, and ENR Best Project Awards. Active geographic reach covers the U.S. Northeast, Southeast, South, and West, with international federal-services work centered in Israel. No external institutional investor controls The Conti Group itself; portfolio-company capital events (e.g., Ares EIF, American Securities) have been limited to individual subsidiaries.

Name

The Conti Group

Legal name

The Conti Group

Website

https://thecontigroup.com

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

51–100 employees

Short description

The Conti Group is a privately held, fourth-generation family-owned holding company (founded 1906, HQ New Hope, PA) operating U.S. infrastructure construction (Conti Civil), federal government contracting (Conti Federal), real estate development (Conti Development), construction-tech fleet software (Tenna), and building-integrated solar materials (Enkara), serving federal agencies, state DOTs, and developers.

Ownership category

akta.pro rank

Product category

Diversified Construction & Engineering Holding Company

NAICS

Management of Companies and Enterprises (55111), Offices of Other Holding Companies (551112)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Investors, Nec (6799)

akta.pro primary industry

HoldCo / Permanent Capital ETA (FSANALAE)

Keywords

• Heavy civil construction
• Federal construction services
• Construction technology platform
• Renewable energy EPC
• Real estate development

Headquarters

HQ city

Summit

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Construction and Engineering Services: Conti Civil and Conti Federal provide infrastructure construction, heavy civil construction, environmental remediation, and federal government construction services for public and private sector clients.
2. Real Estate Development: Conti Development combines construction and engineering expertise with finance and capital markets to develop, improve, and invest in commercial and residential real estate projects throughout the United States.
3. Renewable Energy Development and Construction: CS Energy designs and builds optimized projects in solar, storage, and emerging energy industries. Previously Conti Solar, now majority owned by American Securities.
4. Construction Technology Platform: Tenna provides construction technology platform for equipment fleet operations, generating revenue through software platform subscription and services.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

The Conti Group is a private holding company that owns and operates businesses delivering infrastructure construction (Conti Civil), U.S. federal government construction and engineering (Conti Federal), commercial and residential real estate development (Conti Development), a construction-equipment fleet technology platform (Tenna), and solar coatings technology (Enkara). Portfolio companies sell directly to government agencies, private developers, and construction contractors across the United States.

Product overview

The Conti Group is a diversified holding company that has evolved from a four-generation family-owned construction company (founded 1906) into a portfolio of businesses spanning multiple industries. The company's primary products and services include: Conti Civil (infrastructure construction), Conti Federal (federal government construction and engineering services), Conti Development (real estate development and investment), Tenna (construction technology platform for equipment fleet operations), CS Energy (integrated solar and energy storage), and Enkara (solar technology with nano-engineered anti-reflective coatings). The holding company structure provides strategic support services to maintain continuity and efficiency across its portfolio companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Conti Civil Infrastructure construction services spanning transportation and heavy civil projects for public and private sector clients across the United States.
• Conti Federal U.S. federal government construction and engineering services including disaster response, critical infrastructure, environmental remediation, and technical facilities (such as F-35 fighter program support), delivered domestically and internationally.
• Conti Development Real estate development and investment combining construction and engineering expertise with finance and capital markets to develop, improve, and invest in commercial and residential real estate projects throughout the United States.
• Tenna Construction Technology Platform Construction technology platform that tracks and manages equipment fleet operations across mixed fleets, providing utilization, job costing, safety, and compliance features with Procore integration for construction contractors.
• Enkara Solar Technology

Quantifiable outcome

• 98% employee satisfaction rate for Great Place to Work Certification
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ProcorecoreTechnology or Integration · 1 May 2021Tenna integrated with Procore to allow contractors to optimize and share equipment data. Integration allows flow of location, utilization, and assignee information from Tenna project sites into Procore Daily Log tool.
• Associated Builders and Contractors (ABC) Tech AlliancecoreGTM or Marketing Partner · 1 January 2021Tenna selected as one of 15 construction technology companies in ABC's Tech Alliance, integrated into the association's long-term planning and providing technology resources for ABC members.
• East Light PartnerscoreStrategic or Co-development Partner · 1 January 2017Conti is a founding General Partner in East Light Capital Fund, which advanced origination and development of 75-100 MW of distributed and utility-scale solar and storage projects in the Northeast U.S. Fund closed in 2017.
• 1906 CapitalminorStrategic or Co-development PartnerEnergy development partner for Beaver Run solar project. 1906 Capital financed the $17.5 million, 9.9 MW solar farm as a merchant facility.
• Interstate Renewable Energy Council (IREC)minorStrategic or Co-development PartnerThe Conti Group donated a 1.2-MW solar installation valued at $1.7 million to IREC, the largest unrestricted charitable contribution IREC has received.
• EnertisminorOthersEnertis provided pro bono engineering evaluation of the Barstow solar project donation to IREC.
• Perkins Coie LLPminorOthersPerkins Coie LLP provided pro bono legal services relating to the transfer of ownership of the Barstow solar project to IREC.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Bechtel Group: Privately held, multi-sector engineering, construction, and project-development holding company. Comparable as a diversified family-style builder with federal, infrastructure, and energy work spanning decades.
• Parsons Corporation: Federal services and critical-infrastructure contractor with deep U.S. government and military construction presence. Most direct overlap with Conti Federal's F-35, USACE, and resiliency portfolio.
• Granite Construction: Public heavy civil contractor focused on transportation, water, and federal infrastructure in the U.S. Closely comparable to Conti Civil's transportation and public-sector project mix.
• Tutor Perini Corporation: Heavy civil and federal building contractor active in tunnels, bridges, and military facilities. Direct peer on large public works like the Hudson Tunnel and F-35-related projects.
• EquipmentShare: Construction equipment and fleet management technology platform combining telematics, rental, and contractor software. Most direct technology competitor to Tenna in mixed-fleet operations.

Broad incumbents

• AECOM: Global engineering, construction, and federal services firm with extensive U.S. federal and heavy civil presence. Overlaps with Conti Civil and Conti Federal across infrastructure and government markets.
• Kiewit: Large, privately held North American heavy civil and infrastructure contractor. Closely comparable operating model to Conti Civil on transportation, bridge, and water infrastructure work.
• Fluor Corporation: Global engineering, procurement, fabrication, and construction firm with government, infrastructure, and energy exposure. Comparable to Conti's federal and renewable energy workstreams.
• Quanta Services: Specialty infrastructure construction firm focused on utility, communications, and energy. Already directly familiar with Conti's portfolio after acquiring Conti Communications in 1999.

Emerging players

• View Inc. Smart-window company producing electrochromic and solar-integrated glass for buildings. Closest pure-play competitor to Enkara's transparent solar coating concept for windows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TheContiGroup
• LinkedInlinkedin.com/company/77712

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Conti Group